Do tariffs raise inflation?
For a start, firms usually pass on tariffs by raising prices. During Mr Trump’s last sortie against Chinese manufacturing in 2018-19, prices of impacted items went up roughly one-for-one with higher tariffs.
Here's why Trump didn't move forward with tariffs on Day 1
WASHINGTON — Amid the whirl of orders Donald Trump issued in the early hours of his presidency, one was conspicuous in its absence: new tariffs on Canada and Mexico. Trump had pledged to impose 25% tariffs on both countries on Day One of his presidency to pressure them to keep migrants and drugs out of the United States.
Why Trump's tariff threat could raise car prices significantly
Some of the biggest car brands, including Ford, General Motors and Stellantis, have plants in Mexico and Canada.
How Trump’s Proposed Tariffs Could Raise Food Costs
It’s unclear why, exactly, Trump kicked the can down the road, but according to CNN, the proposed tariffs would be significant: In addition to the the 25 percent tariff on goods
Trump threatens higher tariffs
Adam Posen, a leading expert on fiscal policy, discusses Trump’s claims to increase tariffs drastically and how that could affect the economy.
Trump tariffs could trigger a hike in gas prices
Patrick De Haan with GasBuddy discussed the possible impacts of President Trump's policies on gas prices in 2025.
How Trump's proposed tariffs on China, Mexico and Canada (and now Russia?) could affect you
Canada and Mexico as punishment for allowing drugs and migrants to cross into the United States as well as an additional 10% tariff on goods from China to penalize the country for sending fentanyl. Trump also threatened Wednesday to use tariffs against Russia and "other participating countries" if “we don't make a 'deal' and soon,
Dollar dips after Trump comments as markets eye tariffs, central banks
The dollar was modestly lower on Thursday in a choppy session, after comments from U.S. President Donald Trump called for ...
Trump threatens China: More tariffs are coming on Feb. 1
President Donald Trump on Tuesday warned that even more tariffs could be coming as soon as next week: This time China was his ...
The Economist2d
Tariffs will harm America, not induce a manufacturing rebirth
Investors and diplomats alike were relieved that he refrained from slapping universal tariffs on all imports on his first day ...
Oil falls as Trump urges lower prices, weighs tariffs
Oil fell on Thursday after U.S. President Donald Trump urged Saudi Arabia and OPEC to bring down its cost during his address ...
Jamie Dimon on tariffs: ‘Get over it’
Businesses worldwide and mainstream economists are fretting about higher prices as President Donald Trump unveils his ...
Trump says 25% tariffs on Canada and Mexico are coming on February 1 that will 'make us rich as hell'
On his first day in office, Trump reiterated his promise to tariff and tax foreign countries, but did not officially impose ...
Trump says tariffs for China, Mexico and Canada taking shape for Feb. 1
Trump underscored his intention to use tariffs as a tool of international economic policy and an increasingly vital source of ...
Trump Starts Countdown Toward Tariffs on America’s Largest Trading Partners
The president said he will impose tariffs Feb. 1 on products from Canada, Mexico and China, countries that together account ...
Wine Tariffs: A Complicated Problem With Uncertain Outcomes
Discover the potential impact of new wine tariffs on the U.S. wine industry, from importers to consumers, and why preparation ...
EU open to US energy, arm sales talks to stave off tariffs
The European Union is open to discussing purchases of energy and arms from the United States to ward off tariffs that ...